With the Nasdaq starting to lag a bit, I’m looking at covered call trades for SQQQ. The stock is just a few cents off it’s all time low of 9.23 set today.
Looking to write near term 10.50 or 11.00 covered calls to give it a bit of room to run.

The contango drag is powerful with this one so stay small..

Remember the old saying for markets – escalator up – elevator down